Understanding Item 20 of a Franchise Disclosure Document
If you're thinking about purchasing a franchise, pay close attention to the franchise disclosure document (FDD)—the large document that contains disclosures about the franchisor and franchise system....
View ArticleRemembering Pioneer Tom Murphy of Continental Franchise Review
Franchise consultant and founder of the Continental Franchise Review newsletter Tom Murphy died a week ago last Saturday at age 93, after a short illness. Having known Tom for almost 30 years, I...
View ArticleThe Days of High Upfront International License Fees Are Over
A number of years ago certain franchisors that franchised internationally had a practice of trying to get the highest licensing fee as possible upfront.read more
View ArticleLessons for Kumon: Building Consensus the Japanese Way
Akio Tsunoda, president of the Japanese holding company, Kumon Institute of Education Co., told a global management forum back in 2010 about its franchise services to its learning center owners. "I...
View ArticleFranchisors, Negotiate Agreements Up Front or Risk Repaying Later
Franchisors that elect not to negotiate franchise agreements up front with franchisees run the risk of negotiating contracts forever. "You can pay me now or you can pay me later."read more
View ArticleTeen Turns to Franchising for Growth
Whether you live in the Washington D.C. area or elsewhere, starting up a business is exciting but challenging at times.read more
View ArticleFranchisee Advocate to Testify Before the California Senate Judiciary Committee
The American Association of Franchisees and Dealers (AAFD) has signed on as a co-sponsor of California Senate Bill SB610, fair franchising legislation pending in the California legislature.read more
View ArticleSubmissions to Latest Australian Inquiry Now Available
73 submissions that have been made to the Wein inquiry from a wide range of the franchise spectrum, including individuals, corporations, lawyers and academics, are now available on-line through the...
View ArticleShould I Franchise My Business?
If you own a business, you may have considered expanding by franchising. Other companies have found success through franchising, so why couldn't you? read more
View ArticleFranchise Review Report Released: Good Faith and Penalties Recommended
The Report by Mr Alan Wein (from his Review of the Australian Franchising Code of Conduct conducted earlier this year) has been released today and makes 18 recommendations for improving the franchiread...
View ArticleFranchisor Control of Social Media Protects Value
Many franchisees purchase strong brands and depend upon the training, leadership, branding and ongoing support provided by the franchisor.read more
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Are We Still Regulating the Same Franchise Beast?
The 21st century franchise is a complex business arrangement. It goes beyond a franchisor and its franchisees. Franchisors are now part of corporate groups, which are shareholder-focused. They risk...
View ArticleUpdate on Submission of Item 19s
As the publisher of four annual books on franchising and the manager of twelve websites that deal solely with franchising, I have long been fascinated with the increasingly favorable trend among...
View ArticleIs “Family Franchising” a Good Idea?
In the aftermath of the Great Recession, many millennials found themselves with a college degree and no job prospects.read more
View ArticleSurvival of the Fittest: Why Do Some Franchise Systems Survive, Others Fail?
What had 28 flavors, nearly 1,000 locations, and a ubiquitous orange roof? If you answered Howard Johnson's Restaurants, then you are one of a dwindling number who can still appreciate the power that...
View ArticleGE Capital Spinoff Good For Franchisees
Franchise financing may get easier, at least for multi-unit deals.The exit of GE Capital from the consumer business was logical, and not entirely a surprise.read more
View ArticleA Belated Veterans Hail to the Franchise Community
It is an unfortunate fact of life that franchises and franchisors rarely receive the kind of public appreciation and acknowledgement that they deserve for their on-going community service efforts.read...
View ArticleSpandorf's "Wizard" Proposals Do Not Address Arbitration Issue
Shelley Spandorf's proposals in her portion of the "If I had a Wizards's Wand" paper (pdf), are generally wonderful, if not magical. Unfortunately, Ms. Spandorf did not clearly address one of the most...
View ArticleThe IFA Has No Risk by Claiming “Sky is Falling” in Maine
Recently the International Franchise Association (IFA) sent out its IFA Insider Newsletter (Vol. 19, Issue No. 47 ) with the following wake-up call to franchisors “next month the Maine legislature will...
View ArticleSign this Petition: Veterans Deserve Success NOT Matco Tools Franchise Failure!
Our Soldiers deserve an opportunity to succeed as a Franchise owner, and not become another victim of a "Churn and Burn" franchise scam.read more
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